NOIDA/ALLAHABAD: In a significant legal development, the High Court has quashed the Enforcement Case Information Report (ECIR) & the 2 subsumed FIRs, being the predicate offense, filed against M3M India, marking a substantial victory for the real estate company.
This ruling, delivered on Friday (December 20, 2024), effectively puts an end to the legal proceedings initiated against the company, affirming the court's view that the allegations lacked legal grounds and substance.
It is noteworthy that in the month of September 2024, the High Court had granted a stay on the PMLA proceedings against the group before the appellate authority. Moreover, in another highly positive development, the Trial Court has reserved orders on an application for stay of the trial proceedings and a favorable outcome is anticipated.
This story is from the Kolkata 22December2024 edition of Millennium Post Kolkata.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the Kolkata 22December2024 edition of Millennium Post Kolkata.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
'If my body ALLOWS it, I'll work'
TV star Hina Khan recently talked about navigating her breast cancer journey
'GAME CHANGER' movie leaked online
However, the film has been generating buzz among the fans and many have shared their early reactions
After 'trauma' claims, comes Djokovic's 'poisoning' remarks
In a startling claim in an interview, Novak Djokovic said that he was \"poisoned\" during his detainment time at the 2022 saga of the Australian Open.
US magazine names Neeraj Chopra world's best 2024 male javelin thrower
India's Paris Olympics silver medallist Neeraj Chopra has been named the best male javelin thrower in the world in 2024 by globally-renowned American magazine 'Track and Field News'.
Rawal, Tejal make bat talk as India romp to 4-wicket win
Pratika Rawal showcased maturity beyond her experience while Tejal Hasabnis capped a memorable comeback, posting a fifty each, as India outplayed an inexperienced Ireland by six wickets to take a 1-0 lead in the three-match women's ODI series here on Friday.
Two of a mind
Malaysia Open: Satwik-Chirag storm into semis with commanding victory
GSTN Launches Facility for Pending ITC Claims from FY18-FY21
GST taxpayers will now be able to claim pending input tax credits (ITC) from previous fiscals, including FY18 to FY21, by submitting an online rectification application.
LIC Grows More Than Industry as Well as Private Life Insurers
Meanwhile, Pvt Life Insurers Garnered Rs 1,69,699.83 Crore, Up 14.41% From Rs 1,48,323.21 Crore in the Previous Year
Forex Stocks Drop $5.693 Billion to $634.585 Billion
India's forex reserves dropped by $5.693 billion to $634.585 billion in the week ended January 3, the RBI said on Friday.
Sensex, Nifty extend losses into 3rd session on FII outflows
BSE-listed cos' mcap declines Rs 12,07,314.99 cr to Rs 4,29,67,835.05 cr ($5 trillion) in three days
